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NEAR Clears Key Resistance, XRP Sets Sights on $5, BlockDAG Hits $374M with Dashboard V4

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by Giorgi Kostiuk

an hour ago


In the digital asset world, three projects draw attention due to their recent accomplishments and management prospects. NEAR Protocol, XRP, and BlockDAG have shown significant growth and innovations.

NEAR Protocol Technical Analysis

NEAR Protocol surged 5.91%, reaching $2.79, enabled by significant accumulation from institutional investors. After breaking the resistance level at $2.495, NEAR demonstrates high market activity with doubled trading volume of 3.44 million.

With the current RSI at 57.99, there is room for further growth without overheating. The targeted resistance is set at $3.10, corresponding to an 11% potential increase from current levels.

XRP Price Outlook

The outlook for XRP has strengthened due to the appearance of a rare MVRV ratio golden cross, observed for the third time since late 2024. Such occurrences in the past led to significant rallies of 630% and 54%.

Currently trading around $3.35, XRP has seen active accumulation from whales. Resistance is concentrated between $3.40 and $3.50, with the next target at $3.677 and a psychological level at $5 if current momentum is sustained.

BlockDAG Development and Presale Success

BlockDAG has reached $374.93 million in presale totals, partly due to the launch of Dashboard V4, which provides users with a convenient trading interface. This enhances transparency of operations and promotes active participation from various users.

Technically, BlockDAG's architecture allows throughput of 2,000-15,000 TPS, is EVM-compatible, and supports low-code smart contract deployment, making it developer-friendly. Partnerships with teams in sports like cricket and rugby will help integrate NFTs and tokens for a wider audience.

The current achievements of NEAR Protocol, XRP, and BlockDAG highlight their potential in both the short and long term. These projects possess clear technical structures and positive trends, which are crucial for further development in the digital asset space.

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